In this paper we investigate the herding behaviour of the Bucharest Stock Exchange (BSE), using log periodic power laws models.By analysing the behaviour of the most speculative index from the Bucharest Stock Exchange, the BET-FI, we are able to demonstrate that Log-Periodic Power Law (LPPL)...

We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the sense of Richard Florida and that uses digital technologies to produce a final consumption good. The use of these digital technologies in our creative region gives rise to...

We theoretically study the impact of two innovation policies on economic growth in a region that is creative in the sense of Richard Florida and that uses digital technologies to produce a final consumption good. The use of these digital technologies in our creative region gives rise to...

Because of heterogeneity across regions, economic policy measures are increasingly targeted at the regional level. As a result, the need for economic forecasts at a sub-national level is rapidly increasing. The data available to compute regional forecasts is usually based on a pseudo-panel that...